Key Investment Insights
1. The Vandenberg Hotel is a historic freehold property located in the heart of Forbes, NSW.
2. The hotel has undergone a recent full internal and external renovation, making it an attractive investment opportunity.
3. The property offers multiple revenue streams, including two bars, a commercial kitchen, and 14 well-appointed accommodation rooms.
4. The hotel is centrally located in the town centre, close to other historic buildings and attractions.
5. The financial information provided does not fully reflect the hotel's true trading potential, and the accountant-verified figures offer a more accurate representation.
6. The property is suitable for both industry newcomers and experienced operators looking to expand their portfolio.
7. The hotel has a projected net profit of $335,803 for the financial year 2023.
8. The hotel features a brand new POS system and entertainment equipment, making it a modern and well-equipped establishment.
9. The two bars, commercial kitchen, and accommodation rooms provide a diverse range of income streams for the hotel.
10. Inspections of the property are available by appointment only.
ROI Estimate: 27.98%